Representative illustration — Land bank auction in Punagam
Representative illustration — not the actual property photograph.
Land Residential Physical possession Strong Buy

Land for Auction Punagam Surat 32 Lakh by Icici Bank

Punagam, Surat

Area: 924 sq. ft.

344 345 Polaris Opp SMC Pumping Station Punagam, 610/1, Gujarat, Surat-395006

ICICI Bank · Branch Office:Surat

Reserve price

₹32,00,000

EMD ₹3,20,000

Auction date

19 Oct 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 924 sq. ft.
  • Locality: Punagam
  • Reserve: ₹32,00,000
  • EMD: ₹3,20,000

Auction snapshot

PossessionPhysical
Property typeLand · Residential
LocalityPunagam
Built-up / plot area924 sq. ft.
LenderICICI Bank
BranchBranch Office:Surat
Unit / flat no.344 345
Building / societyPolaris
Auction typeSARFAESI Auction
Service providerBidDeal.in

About this property

Land bank auction in Punagam, Surat by ICICI Bank — reserve price ₹32,00,000, 924 sq. ft., Physical possession.

Explore this prime bank auction property located in the bustling area of Punagam, Surat. This land asset, situated at 344/345 Polaris, near the SMC Pumping Station, offers a super built-up area of 924 sq. ft. This property is being auctioned by ICICI Bank under the SARFAESI Act, presenting an excellent opportunity for investors looking for real estate in Gujarat. With a reserve price of ₹32,00,000 and an EMD of ₹3,20,000, this auction is scheduled for October 19, 2026. Interested buyers should note the physical possession status and complete their EMD submission by October 17, 2026. Don't miss this chance to acquire property in a strategic location in Surat. For further details on this bank auction property, contact ICICI Bank.

GeoSquare note: The property is located in the well-connected Punagam area of Surat and is offered with physical possession, which significantly reduces legal risks for the buyer. Given the competitive reserve price for a 924 sq. ft. space, it stands as a strong investment opportunity for those looking to acquire assets in a developed locality.

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